SEC Form 4 · accession 0001209191-15-035379
ADVISORY BOARD CO · ABCO
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cormac F Miller
Officer — Executive Vice President
Period of report
Apr 17, 2015
Accepted (ET)
Apr 21, 2015 · 8:27 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001157377
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Apr 17, 2015 | M | 1,926 | $0.00 | A | 11,361 | D | |
| Common Stock | Apr 17, 2015 | F | 638 | $52.31 | D | 10,723 | D | |
| Common Stock | Apr 17, 2015 | M | 40 | $0.00 | A | 805 | D | |
| Common Stock | Apr 17, 2015 | F | 13 | $52.31 | D | 792 | D | |
| Common Stock | Apr 17, 2015 | M | 274 | $0.00 | A | 1,066 | D | |
| Common Stock | Apr 17, 2015 | F | 89 | $52.31 | D | 977 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Apr 17, 2015 | M | 1,926 | A | — | — | Common Stock | 1,926 | 1,926 | D |
| Restricted Stock UnitsF1,F3 | — | Apr 17, 2015 | M | 40 | A | — | — | Common Stock | 40 | 40 | D |
| Restricted Stock UnitsF1,F3 | — | Apr 17, 2015 | M | 274 | A | — | — | Common Stock | 274 | 274 | D |
Explanation of responses
- F1Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Company's common stock.
- F2The RSUs were awarded on April 17, 2012 and vest in four equal installments on May 17, 2013; April 17, 2014; April 17, 2015; and April 17, 2016, unless deferred. Upon vesting, each RSU is settled by the delivery of the underlying shares of common stock or payment of the current cash value of the vested shares, at the discretion of the Company.
- F3On May 23, 2012 the Reporting Person's Spouse was awarded RSUs that vest in four equal installments on May 17, 2013; April 17, 2014; April 17, 2015; and April 17, 2016, unless deferred. Upon vesting, each RSU is settled by the delivery of the underlying shares of common stock or payment of the current cash value of the vested shares, at the discretion of the Company.